Policy evaluation and economic policy advice

Arbeitspapier

Arguably, one of the most important developments in the field of applied economics during the last decades has been the emergence of systematic policy evaluation, with its distinct focus on the establishment of causality. By contrast to the natural sciences, the objects of our scientific interest typically exert some influence on their treatment status under the policy to be evaluated and on their economic outcomes. Thus, economic policy advice can only be successful, if it is based on an appropriate study design, experimental or observational. It will strive in societies that provide liberal access to data, accept the merits of randomized assignment and guard the independence of research institutions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 2700

Classification and Topics

• Classification: Wirtschaft
• Subject: Wirtschaftspolitische Beratung ; Wirkungsanalyse ; Wirtschaftsforschung ; Kausalanalyse ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Schmidt, Christoph M.
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/34471
• URN: urn:nbn:de:101:1-20080410172
• Last update: 10.03.2025, 11:45 AM CET